Scotch Creek Ventures Inc. announced the results of the soil sampling program has confirmed the presence of lithium on the 5,360-acre Miranda project. The work program conducted by the Scotch Creek team focused on the Southern portion of the property and consisted of 69 samples. The results indicate a lithium anomaly extending over 2 kilometers by 1 kilometer on the near surface of the property.

The anomalous samples range in value from 102 to 223 parts per million (PPM) lithium with an average lithium content of 57 PPM. In both the Clayton Valley and the nearby Gemini property, sandstones are interleaved within the target claystone layers of the Esmeralda Formation. In Clayton Valley, these sandstones are primarily situated in the uppermost section of the Esmeralda rock sequence, forming a resistant cap rock with anomalous lithium and concealing potentially stronger lithium mineralization in the underlying claystones.

Given the limited surface exposures at Miranda, the Scotch Creek team believes drilling will be essential to ascertain the nature of the Esmeralda rocks on the property. This discovery sheds light on the presence of lithium-enriched sandstones and claystones located beneath a thin gravel cover in the southern portion of the property and within the Esmeralda Formation. The team will use the data gathered from the soil sampling program and Hybrid-Source Audio-Magnetotellurics to highlight potential drill targets on the Miranda project.

About the Miranda project: The 100% owned Miranda project located in Jackson Valley, Nevada, a relatively closed arid basin with similar characteristics to Clayton Valley. The Miranda project is situated in an area near known lithium deposits, a preliminary soil sample program completed by Nevada Sunrise Metals Corp. confirms the presence of lithium.